How Will Aluminum Prices Perform This Week? SMM Reports-Shanghai Metals Market

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How Will Aluminum Prices Perform This Week? SMM Reports

SMM Insight 12:00:21PM Jul 24, 2017 Source:SMM

SHANGHAI, Jul. 24 (SMM) –Without fresh output cut news, aluminum prices will continue hovering at highs this week, SMM predicts.

SMM Aluminum Price Outlook for Q3 and Q4 2017

SMM sees SHFE 1709 aluminum trading between 14,300-14,550 yuan/tonne and LME aluminum between $ 1,910-1,945/tonne.

SMM Analysis: China Alumina Supply & Demand Balance in H2 2017

In domestic spot market, growing stocks will leave suppliers more eager to sell, while traders and downstream producers will be cautious about buying. Spot discounts will remain high at 140-160 yuan/tonne.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

How Will Aluminum Prices Perform This Week? SMM Reports

SMM Insight 12:00:21PM Jul 24, 2017 Source:SMM

SHANGHAI, Jul. 24 (SMM) –Without fresh output cut news, aluminum prices will continue hovering at highs this week, SMM predicts.

SMM Aluminum Price Outlook for Q3 and Q4 2017

SMM sees SHFE 1709 aluminum trading between 14,300-14,550 yuan/tonne and LME aluminum between $ 1,910-1,945/tonne.

SMM Analysis: China Alumina Supply & Demand Balance in H2 2017

In domestic spot market, growing stocks will leave suppliers more eager to sell, while traders and downstream producers will be cautious about buying. Spot discounts will remain high at 140-160 yuan/tonne.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.